You may have been hearing a lot about IPOs this year. Some say 2018 and 2019 are reminiscent of the .com bubble in the late 1990s. There’s plenty of debate on how this will pan out comparatively, but rest assured, Airbnb isn’t going anywhere.
First, some background for those of you who may be new to the business world. What’s an IPO? IPO stands for Initial Public Offering. It is when a private company goes public, meaning they start trading shares on a public stock exchange so an average joe like you or me can buy a piece of the company. IPOs often generate more income for companies which allow them to expand, make their shares worth more and earning their public investors money.
In the late 1990s there was a boom of IPOs. The internet was getting big and E-commerce was all the rage. Many small companies set up a website, a plan and then went public. They didn’t grow as planned and lost money. The famously named “.com bubble” burst.
Seeing so many IPOs this year made some people nervous, but this is different than before. With the .com bubble, it was unestablished companies trying to get rich quick.
The IPOs lately include big names such as Uber, Lyft, and yes, Airbnb. These are huge, well-established companies with millions of buyers.
Uber and Lyft have had success already with their IPOs, and Airbnb is soon to follow. It's safe to assume Airbnb will do even better. So in short, Airbnb is here to stay
Just one more reason why Airbnbs are a great investment!